HelloSoft, a start-up based in San Jose, California with developers in Hyderabad, India raised $16 million in series B financing for its signal processing technology and software-defined radio (SDR) solutions for VOIP, Wi-Fi, cellular, and converged markets. HelloSoft is targeting its CelluLAN technology for the mobile multi-mode handset market.
This round is led by Boston-based TD Capital Ventures with the participation from new investors Mitsui & Company Venture Partners, Entrepia Ventures, and current investors, including Venrock Associates, Sofinnova Ventures and Jump Startup.
http://www.hellosoft.com
